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RUSSIAN CRUDE OIL
West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...- Gold price today: Gold rate crash to continue in June? All you need to knowGold rate will remain sensitive to developments in West Asia, according to bullion exparts.
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- Putin: Western attempts to limit India-Russia ties will harm global stability; Modi does not buckle under pressureRussian President Vladimir Putin said Russia aims to expand its strong relationship with India. He believes US pressure on India to reduce ...
- India-US meet to resolve final 'commas and full stops' of bilateral trade pactIndia-US trade deal: New Delhi and Washington are resuming trade talks this week. Negotiators will work to finalize a bilateral trade agree...
- Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
- War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
- Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...
- EU weighs temporary freeze on Russia oil price cap over Iran war: ReportThe European Union is considering freezing its price cap on Russian oil as the conflict in West Asia and disruptions to shipping through th...
- Refiners adjust to new crude mix as Hormuz crisis tightens supplyThe conflict has disrupted crude supplies from some of India's biggest suppliers, compelling refiners to process unfamiliar crude grades, s...
- India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
- India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicalsIndia and Russia are deepening energy ties. Discussions have focused on gas supplies and joint ventures for hydrocarbon development. Russia...
- Petrol, diesel prices hiked for third time in eight days on rising crude oil costsFuel prices in India have seen another increase, with petrol and diesel rates rising by approximately Rs 0.87 and Rs 0.91 per litre respect...
- Venezuela third largest supplier of crude to India in MayIndia's crude oil imports see a significant shift this May. Venezuela has become the third-largest supplier, surpassing Saudi Arabia and th...
- US waiver unlikely to lift Russian oil exports already near capacityThe US has extended a waiver for Russian oil exports, but traders believe it won't significantly boost shipments. Russia's infrastructure i...
- India prepares to send oil tankers through Hormuz for new supplyIndia is preparing to resume sending ships through the Strait of Hormuz to pick up oil and energy cargoes from Middle East suppliers for th...
- UK allows diesel and jet fuel imports from Russian crude via sanctions carve-outBritain will allow imports of diesel and jet fuel refined in other countries from Russian crude oil, creating a sanctions exemption aimed a...
- India buying Russian oil irrespective of US sanctions waivers, Indian official saysIndia has consistently purchased Russian oil, irrespective of U.S. sanctions waivers, according to a petroleum ministry official. The decis...
- US extends sanctions waiver on Russian oil for 30 days, Bessent saysWashington has extended its sanctions waiver for Russian oil cargoes at sea by 30 days. This move aims to help vulnerable nations access Ru...
- India can ride out disruption after Russian oil waiver lapsesIndia's oil refiners are prepared for changes in Russian crude supply. Weaker domestic demand and available oil from the US and Middle East...
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